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Broadcom reports Q3 revenue up 47% YoY to $13.07B, vs. $12.96B est., and forecasts Q4 revenue of $14B, vs. $14.13B est.; AVGO drops 7%+ after hours (L


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2024-09-05 21:27:12
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Cybersecurity Business

Larry Dignan / Constellation Research:

Broadcom reports Q3 revenue up 47% YoY to $13.07B, vs. $12.96B est., and forecasts Q4 revenue of $14B, vs. $14.13B est.; AVGO drops 7%+ after hours  —  Broadcom reported better-than-expected third quarter results as revenue growth was driven by Ethernet networking and custom accelerators for AI data centers.




Larry Dignan / Constellation Research:

Broadcom reports Q3 revenue up 47% YoY to $13.07B, vs. $12.96B est., and forecasts Q4 revenue of $14B, vs. $14.13B est.; AVGO drops 7%+ after hours  —  Broadcom reported better-than-expected third quarter results as revenue growth was driven by Ethernet networking and custom accelerators for AI data centers.



Source: TechMeme
Source Link: http://www.techmeme.com/240905/p35#a240905p35


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